The most popular alternative loan is a(n): Group of answer choices
payday loan.
savings account.
checking account.
emergency fund.
Payday loans are usually loans given to employees for 1 week or 2 weeks. These loans charge a very high rate of interest. These given without collateral security. These are most unsecured in nature.
Hence, correct option is “Payday loan”
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The most popular alternative loan is a(n): Group of answer choices payday loan. savings account. checking...
Which type of financial institution offers checking/savings account and loans? Group of answer choices credit unions security firms investment banks insurance companies
Which of the following is the most liquid form of money? Group of answer choices credit cards a AAA corporate bond money in a savings account money in a checking account
Checkable deposits are also called: Group of answer choices checking accounts. high-powered money. savings balances. Federal Reserve Notes.
A bank will consider a car loan to a customer ________ and a customer's checking account to be ________. Group of answer choices a liability; an asset an asset; a liability a liability; a liability an asset; an asset
Banks and credit unions are examples of what type of financial system? Group of answer choices Mainstream. Title loan lender. Alternative. Payday lender.
All of the following are alternative financial service providers except: Group of answer choices Target store card. pawn shop. check cashing services. payday lender.
With a federal student loan, you are borrowing money from what entity? Group of answer choices The federal government. A bank. A credit union. A payday lender.
A savings and loan association needs information concerning the checking account balances of its local customers. A random sample of 14 accounts was checked and yielded a mean balance of $664.14 and a standard deviation of $297.29. Find a 99% confidence interval for the true mean checking account balance for local customers. What is the t-critical value? What is the margin of error(E) rounded to two decimal places? What is the confidence interval? Put in the interval form (low to...
3. Checking Account Balance. Andy has an account at South Central Savings and Loan. He does not track his checking account balance on a checkbook register. Yesterday evening, he placed 2 checks in the mail, one for $189 and another for $237. Andy accesses his acccount online and finds that his balance was $538, and all the checks he has written except for the 2 checks from yesterday have cleared. Andy doesn't plan on withdrawing any money from the account...
A way to explore the consequences of possible solutions is Group of answer choices Reality checking Saving face Reframing No answer text provided.